Industrial Complex · South Korea
Sinpyeong Jangrim General Industrial Complex
35.0799°, 128.9652°
269 ha
Zone area
6.6 km
Nearest port
11.3 km
Nearest airport
Gateway access
Zone profile
Zone type
Industrial Complex
Region
Busan
Established
1990
Management
State-owned enterprise
Operator
KICOX
Regulatory authority
National, provincial or city-level governments
Legal framework
Industrial Sites and Development Act, and the Industrial Placement and Factory Act
Location
Fiscal & incentives
Corporate tax
22%
Tax relief
100% exempt
Relief duration
5 years
VAT
No exemption
Import duty (inputs)
0% exempt
Import duty (capex)
100% exempt
Profit repatriation
No exemption
Capital gains
No exemption
Withholding tax
No exemption
Min. investment
$30M
Min. export
0%
Employment incentive
Employment and training subsidies available to companies that newly employ 20 more individuals
Developer incentive
No established framework
Nearby Logistics Neighbours
Airports
- 1Gimhae International Airport11 km
- 2Ulsan Airport67 km
- 3Sacheon Airport / Sacheon Air Base81 km
- 4Tsushima Airport95 km
- 5Daegu International Airport95 km
Cities
- 1Gamcheon/Busan3 km
- 2Busan3 km
- 3Busanjin-Gu11 km
- 4Changwon13 km
- 5Busan New Port14 km
DatabookThe Record of Consolidated Knowledge
South Korea beyond logistics?